Intel’s RealSense division has officially spun out as an independent company after securing $50 million in Series A funding from Intel Capital and other strategic investors, aiming to accelerate the growth of its stereoscopic imaging technology.
From Internal Division to Independent Startup
The separation process began last year, receiving the green light from former Intel CEO Pat Gelsinger. Now operating as a standalone entity, the startup is leveraging this new capital to transition from a corporate unit to a market-ready competitor in the computer vision space.
For CEO Sagi Orbach, the transition represents a significant professional evolution. “For me, it was exciting, to be honest,” Orbach noted. “I’m a veteran executive in the company, but it’s the first time that I was on the other side of the table. It was a very humbling experience for me as a first-time CEO to go and raise money.”
Strategic Focus: Robotics and Access Control
RealSense plans to utilize the $50 million infusion to aggressively expand its go-to-market team and refine its core technology. The company’s primary roadmap involves enhancing its sensors to improve safety protocols during human-robot interactions, alongside advancing specialized solutions for secure access control systems.
Building a Future in Computer Vision
Navigating the transition from a tech giant to an independent startup presents unique challenges, but leadership remains confident in the team’s composition. “There is a learning curve of stepping out,” Orbach said. “I’m extremely excited about that. I’m fortunate to have a very strong team with a lot of people in my team that have entrepreneurial experience. I feel that with my background, together with some strong teammates, I think we have the right mix for success. And for me, it’s a dream coming true.”
